340 Ontario Street, Toronto, ON

$1,750,000
MLS#:C9307773
3 beds
3 baths
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium brick front and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,750,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 3 Bathrooms
  • Premium 20.94 x 75.5 ft lot size
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Renovated, handsome red brick 3 bed, 3 bath extra wide semi-detached South Cabbagetown Victorian. Landscaped front gardens with wrought iron fence and gracious front porch. Large front foyer welcomes and leads into spacious front hallway with gracious original wood staircase. Tastefully renovated, this home retains period details including original hardwood floors, deep baseboards, lustrous crown mouldings and rich textured ceiling medallions. Large separate living and dining rooms have large windows, soaring ceilings, gas fireplace and exquisite glass French doors. Modern, renovated eat-in kitchen has sociable centre island with stone counters, breakfast bar, custom backsplash and large patio doors leading out to fully fenced gloriously sunny backyard, deck & landscaped gardens perfect for entertaining and BBQs on warm summer nights! Spacious 2nd floor has three generously sized bedrooms & two full baths. Large primary suite has double closet, large windows overlooking front garden and spa-like 3-pc ensuite w/large shower, heated floors & contemporary vanity. Large 2nd bedroom has closet and large window. Beautiful family bath has classic pedestal sink & sumptuous claw-foot soaker tub. Light filled 3rd bedroom has windows on two sides overlooking the backyard. Fully finished basement has a large media/entertainment room perfect for movie nights, above grade windows, workout space and 3rd full bath with shower and heated floors! Tastefully appointed laundry room has custom folding table, subway tiles and double farmhouse apron sink. Blending original details with modern comforts this elegant South Cabbagetown turnkey home is located close to the shops and restaurants of Parliament Street, just a short walk to downtown and with TTC at your doorstep you're sure to be delighted to call 340 Ontario Street home!

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 8, 2024
Sold price information is available to members only
Listed Date9/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural Style2-Storey
ConstructionBrick Front, Vinyl Siding
BasementFinished, Full
Lot Size20.94 × 75.5 Feet
CountyToronto
Annual Tax$5,283.56
Legal DescriptionPT BLK 4 PL D2 TORONTO

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Public Transit, Hospital, Library, Park, Rec./Commun.Centre

Interior Features

Other

Security Features

Other

Community Features

Location

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340 Ontario Street, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 340 Ontario Street, Toronto C08, ON M5A 2V7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$350,000 (20.0%)
* Minimum Canadian down payment required for this price is $350,000.
Amortization Period25 Years
Estimated Monthly Payment$8,343Based on a loan of $1,400,000 over 25 years.
Purchase Price$1,750,000
Loan Amount$1,400,000
Provincial Land Transfer Tax:$31,475
Toronto Municipal Land Transfer Tax:$31,475
Total Estimated Closing Taxes:$62,950

About Purchasing a Home in Toronto, ON

For a property listed at $1,750,000 in Toronto, the legal minimum down payment is $350,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $31,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $31,475 also applies, bringing the total estimated land transfer taxes to $62,950.

Nearby Listings

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No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Moss Park, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$953,690

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Gabrielle-Roy
Public14 Pembroke Street, Toronto, Ontario, M5A 2N7
8.9
Downtown Alternative
Public85 Lower Jarvis Street, Toronto, Ontario, M5E 1R8
8.0
St Edward
PublicEdward Street, Toronto, Ontario, M5G 1E2
9.0
Market Lane
Public246 The Esplanade, Toronto, Ontario, M5A 4J6
5.1
Brown
Public3 Lower Jarvis Street, Toronto, Ontario, M5E 1Z2
7.0

Secondary Schools

Collège Français
Public100 Carlton Street, Toronto, Ontario, M5B 1M3
9.0
Jarvis
Public495 Jarvis Street, Toronto, Ontario, M4Y 2G8
4.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.